Business
NDB introduces “Sallli Ratin – Thagi Apen 2” for Remittances for the second time
NDB bank has introduced a new incentive of awarding supermarket vouchers with a total prize value over one million rupees for those who obtain money via NDB branches using Western Union remittances, a news release from the bank said.This planned Remittance promotion commenced from October 20 and will run till December 31. Accordingly, these Cargill’s Gift Vouchers can be redeemed by customers at any Cargills Food city, Cargills Book City, Food City Express, KFC, TGI FRIDAYS & Regal, Majestic and Empire Cinemas.
“The bank is conscious about the country’s economic crisis and the struggle for foreign exchange remittances from Sri Lankan Citizens living and working abroad. As a bank with close links to the community, NDB is committed to supporting the national endeavour and has introduced this attractive program to encourage remittances through legal banking channels with the added feature of providing gift vouchers for customers during these tough times,” the release said.
Accordingly, beneficiaries who receive remittances from Western Union of more than 50,000 rupees will be entitled to gift vouchers.
Mid this year, during the height of the economic crisis, NDB Bank launched a campaign to encourage inward remittance by offering cash prizes worth over Rs. 1 million to people who receive money via NDB Bank Western Union or any of the bank’s registered agencies, including Regional Development Bank, Singer, Sarvodaya Development Finance, and Citizen Development Business Finance.
Anyone who gets money through the aforementioned means will thus be eligible to win 100,000 rupees per month, 50,000 rupees per week, and 10,000 rupees per day in a drawing.
“The Bank is constantly working to make the lives of its clients and stakeholders easier and more convenient and has therefore introduced the most convenient way in which the Bank’s clients can receive money via Western Union with just one phone call or by sending a message through the NDB NEOS app. This is part of NDB’s efforts to encourage FOREX remittances through formal banking channels as a responsibility to the country. Within a short period the money will be credited to the relevant NDB account. Additionally, NDB was the first bank to offer AI-based VKYC verification for creating accounts through its NEOS app, making it easier for Sri Lankans living abroad and ensuring a hassle-free banking experience,” the release added.
NDB Bank was recently named the Best Bank in Sri Lanka by Euromoney, making it the fourth major award received from the world’s most prestigious publications in financial services – Euromoney, Global Finance and The Banker. This win for NDB comes in the light of being named the “Most Awarded Corporate 2021” according to LMD ranking. The Bank was also recently named one of the “Top 50 Best Workplaces in Sri Lanka 2022” by Great Place Work, USA.
“NDB is the fourth largest listed bank in Sri Lanka and the parent company of the NDB Group. The only financial services group in Sri Lanka, NDB Group is uniquely positioned towards assisting the growth and development of the Sri Lankan financial market to provide its customers seamless access to the product and service offerings of all its group companies,” the release concluded..
Business
AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
Business
HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”